- Associated Press - Thursday, April 2, 2015

VERMILLION, S.D. (AP) - The South Dakota Board of Regents has chosen Randy Schaefer to succeed retiring Regent Dean Krogman as president of the board, which oversees South Dakota’s six public universities.

The board voted Thursday at its meeting at the University of South Dakota to install Schaefer as president. He has served on the board since 2009.

Schaefer lives in Madison and owns an insurance agency there. He is a graduate of Dakota State University.

Krogman is stepping down after 12 years on the board, where he served as president for the last two years. Schaefer says he had “a strong and steady hand” working to support the state’s public universities.

The board has also chosen Bob Sutton as vice president and Terry Baloun as secretary.

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